Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
27 May, 2026, 07.48 PM IST
Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explainedYour employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can ...
21 May, 2026, 09.23 AM IST
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
18 May, 2026, 05.46 PM IST
US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome PowellKevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are ...
14 May, 2026, 12.31 AM IST
War without borders: The rise of cyberattacks beyond the battlefieldCyber conflict has escalated beyond borders following US-Israeli strikes on Iran, with hacktivists and state-backed actors launching global...
10 May, 2026, 09.04 PM IST
UCO Bank sees no MSME stress from US tariffs, Iran warThe public sector bank's chief executive, Ashwani Kumar, told ET that its loan portfolio performance behaviour is healthy on a year-on-year...
30 Apr, 2026, 12.28 AM IST
Inside WhatsApp's measures to curb digital arrest scamsWhatsApp is using AI to combat digital arrest scams, banning thousands of impersonating accounts. Authorities are working to prevent signif...
29 Apr, 2026, 05.25 PM IST
WhatsApp banned 9,400 accounts involved in digital arrest scams since January this year: Centre to SCAuthorities are launching a major crackdown on digital arrest scams. WhatsApp has banned thousands of accounts involved in these frauds. Ne...
28 Apr, 2026, 01.22 PM IST
FM Sitharaman, IT minister Vaishnaw meet bankers over looming Claude Mythos; push for faster intel sharingIndia is building a strong system for banks and agencies to share threat information instantly. This aims to quickly identify new dangers f...
27 Apr, 2026, 07.44 PM IST
RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
21 Apr, 2026, 06.57 PM IST
How a Rs 20 electricity bill payment by an SBI customer led to the bank paying Rs 2.2 lakh in compensationA State Bank of India customer was defrauded of ₹1.99 lakh after attempting a ₹20 electricity bill payment. The National Consumer Disputes ...
17 Apr, 2026, 01.12 PM IST
RBI proposes compensation for bank fraud losses up to Rs 50,000New RBI proposals aim to protect bank customers from fraudulent electronic transactions, potentially offering compensation up to ₹50,000 ev...
07 Mar, 2026, 07.51 AM IST
RBI caps claims for small-value digital frauds at Rs 50,000; banks to prove customer liabilityRBI new digital fraud rules: Compensation will be provided if the loss is established as genuine under the bank’s internal policy and the v...
07 Mar, 2026, 12.55 AM IST
These 10 transactions will be reported as fraud to RBI, as per new rulesThe RBI said in a circular dated July 16, 2024, “These master directions have been prepared based on a comprehensive review of the earlier ...
16 Jul, 2024, 03.13 PM IST
Watch out, cyber fraud cases in banks are spikingSpike in cyber frauds is bigger than most other types of bank frauds (5,917) reported in 2017-18
02 Jan, 2019, 08.04 PM IST
Finance ministry advises banks to popularise e-payments to reduce usage of cheques, bank draftsThere are currently over 30 lakh cases of bounced cheque in the courts, a problem the government feels can be addressed through electronic ...
05 Apr, 2012, 09.35 AM IST
- Cyber crime: RBI advises banks to set up whistle blowing system
Concerned over rising incidents of cyber crime, the RBI has suggested banks to put in place a strong whistle blowing system.
01 May, 2011, 04.44 PM IST